
News & Media: Industry, Market News & Comment

We continue our series looking at possible holiday house investments; this week’s focus is QLD. And buyer’s consultant Stuart Jones from Rose & Jones talks to us about how you can find out about homes that are selling off-market.
...to read Click here
Buyers need to beware of a properties estimated sale range before embarking on costly due diligence, if a buyer doesn't have a real chance of securing a property at auction then they need to consider whether they should invest in the due diligence at all...click here to read the article...
...buyers need to think a little outside the square to gain a foothold in the tight housing market...read more
Underquoting...read more
Residential property investment is the highest performing asset class over the last 20 years according to latest research...by Atchison Consulting. Click here to read the article
The 2009 edition of the Wealth Report, compiled by Citi Private Bank and Knight Frank, indicates that luxury house prices have fallen around the world, but super-rich appetite for property remains undimmed...
Some of the key highlights include:
* Despite house price falls, the Knight Frank/Citi Private Bank Attitudes Survey shows that almost 55% of High Net Worth Individuals (HNWIs) plan to increase their exposure to residential property over the next two years.
* However, despite house price falls, the rich are committed to property as an asset class and the results of our Attitudes Survey, which represents the views of a cross section of Citi Private Bank’s wealthiest clients, reveal that 55% plan to increase their exposure to residential property over the next two years. In turbulent times the wealthy want their investments to be both tangible and transparent.
With mortgage rates at the lowest levels since the 1960s and expected to fall further, the stimulus for demand to increase is in place. However, increased activity may be hampered by loss of confidence during the recession...click here
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